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The 3 key Trade Set-ups
Examples
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Real-Time 4.0 ~ unique features
1) Powerful trading modules:
- Automatic Trade Scanner
- set-ups alerted as they unfold. Can scan
charts down to 1 min. bars and scan multiple
markets on multiple timeframes simultaneously. Uses
TAL Data® via RealTick® and eSignal® RT data from IDC [NYSE].
In Standard Use: continuously
scans your database for the 3 key Trade Set-ups (see here) at the Typical price zone & showing signs of price reversal.
In Advanced Use: can also scan for 1. set-ups at the Minimum & Maximum price levels. 2.
set-ups without colour-coded price reversal bars - helping you spot early warnings of set-ups
3. corrections-to-trend not showing simple ABC sub-division
~ wave (2orB) and wave (4). Can also scan for further Elliott Wave patterns..
- Audible alerts - instant audible alerts to new trade
set-ups.
- Risk/Reward function - calculates the Risk/Reward
ratios at projected price targets, the 100% Initial Risk zone and
the 2-3x Initial Risk zone. Can adjust 100% Initial Risk & 2-3x
Initial Risk zones to take account of actual gap fills. Displays
R/R analysis automatically and instantly on-chart for
visual evaluation of R/R and confirmation of exit stop strategy.
- Dynamic Risk/Reward tracker - monitors your R/R live-time!
- Initial Risk Calculator module - calculates
the position size to trade to keep your initial (money)
risk to a preset % of the account ('fixed' & 'variable fractional'
methods).
- Trade Module - automatically calculates actual position size - super-fast, saving time.
- Wave Price Target module - WPTs are automatic Fibonacci
price clusters. They display colour-coded price targets for trades,
to guide
your exit stop strategy.
- Trade set-up module - automatically
displays a trade set-up, but only if there
is one. Also allows quick checking of earlier set-ups and open trades
left while checking a different market (Manual option).
- Show Elliott Waves module - only
a valid pattern is shown automatically
on any chart selected. Patterns based
on actual price swings, using our unique Isolation
Approach™, not indicators. Minor, Intermediate and
Major degree patterns selectable.
- Trade set-up Reversal bars module
- indication of price reversal (specific reversal patterns) using blue/red
colour-coded bars. Allows
early trade entry.
- Advanced Use
trade set-ups - in addition to the Scanner Advanced
Use (above), allows manual uncovering of valid set-ups & continuation
set-ups in open trades.
- Advanced Use
trade management - allows following multiple-position
trading, pyramiding (on continuation set-ups), biasing profit targets
(due to the character of the trend), different exit plans (2-3x Risk
zone alone, 20-period mvg. average).
2) Further advanced features:
- Natural Time Vibration (NTV) module - automatically
ranks Fibonacci time ratio clusters, for added weight in trade set-ups.
- Candlesticks - popular alternative to bar charts,
especially for reversal patterns.
3) Additional features:
- Fibonacci price retracements/projections/expansions
- manual analysis.
- Fibonacci time retracements/projections - manual
analysis.
- High/low tags - precise price labeling of bars.
- DGLs (Dynamic Gann Lines) - a proprietary technique
developed by Don Fisher. For more information e-mail ganntrader@aol.com
- Basic studies - moving averages, moving average oscillator,
stochastic, stochastic RSI, ADX, +/- DI, Bollinger bands (though
not used in the MTPredictor trading process)
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